jacob the jeweler busted

xtrordinare

New member
sohh.....

Jacob the Jeweler, well known for providing hip-hop's biggest names with high-end custom jewelry, was arrested on federal charges outside his flagship store in New York on Thursday morning (June 15).
According to reports, Jacob (born Jacob Arobo) was indicted along with 16 other individuals by a Michigan district attorney in May for violating federal drug laws and laundering an excess of $270 million.
The indictment - which is part of a previous indictment alleging that Terry Flenory, Demetrius Flenory and 23 others operated a Atlanta-based drug organization called the Black Mafia Family (BMF) in the '90s - also seeks criminal forfeiture of more than 30 pieces of jewelry, in addition to a number of residences and cars.
Daniel Gatlin, Jacob's lawyer, revealed that his client is also charged with giving and lending jewelry to individuals tied to the BMF. Gatlin said he had been trying to get back the loaned jewelry since November.
According to Gatlin, Arobo faced a New York judge today and will go to court in Detroit at an undetermined date.
This is not the first time the infamous jeweler has been to court. In February, Arobo sued Damon Thomas, one-half of the hip-hop production duo The Underdogs, for failing to make payments on jewelry costing around $2 million.
BMF Entertainment were in the news last October when the DEA arrested over 30 of their members, seizing over $3 million in cash, 2 kilograms of cocaine and various weapons.
Members of BMF were also associated along with Young Jeezy in the assault of Gucci Mane.


bmf is constantly gettin dirty, damn, wonder if jeezy ever gone get caught up
 
jeezy already has been in court with them for drug dealing, etc.
 
some dumb a** had the nerve to say the that the dude from dem franchise boys must have not been getting paid since he still selling dope. i told his dumb a** the big heavy weight dope boys filthy rich and dont have to sell shyt, but they do. its called greed. your congress man or an elected official could possibly have ties with bmf too, dont be surprised when you hear it. the united states was founded off dirty money, running the indians away, trading slaves, its all dirty, and whose all ways at the bottom of the chain? the black people, thats why they trying so hard to destroy bmf, suge knight, irv gotti, j. prince, and any other nigga................... and phuk oprah winfrey, fat sellout bych
 
Jacob The Jeweler Indicted For Money Laundering

Popular jeweler Yakov "Jacob the Jeweler" Arabov was arrested today (June 15) on money-laundering charges and released on $100,000 bail according to reports.

Arabov, who appeared in U.S. District Court in Manhattan today on the charges, was arrested in his mid-town store in New York and was charged with conspiring to launder over $270 million dollars for Black Mafia Family or BMF.

Authorities claim the Russian immigrant, who has provided jewels for some of the most well known rappers, also conspired to distribute over 476 kilos of cocaine for BMF.

Paul Wilmot, a spokesman for Jacob & Co., told the Associated Press that the arrest was "the result of an unfortunate misunderstanding that we believe will be straightened out in the next several weeks."

"We are confident that once the government is advised of all the facts surrounding these issues that all of the charges against Mr. Arabov will be completely dismissed," Wilmot said.

In October, the Drug Enforcement Administration (DEA) arrested 30 members of the self-named of BMF and seized over $3 million in money, assets, 2 ½ kilograms of cocaine and weapons.

The drug gang was labeled a large-scale operation, operating in most major cities in the United States, including Detroit, Columbus and Atlanta, Los Angeles, Miami, Fort Lauderdale, Orlando, St. Louis,Louisville and other cities.

Prior to the October raids, the DEA had arrested 17 other members and seized over 632 kilograms of cocaine, $5.3 million in money and $5.7 million in assets.

The DEA claims brothers Terry and Demetrius Flenory founded BMF, when they started selling crack during their high school years in the 1980’s in Detroit.

Jacob the Jeweler's signature time pieces have been featured in numerous magazines and such celebrities as Angela Bassett, Sean “Diddy” Combs, Enrique Iglesias, Justin Timberlake, David & Victoria Beckham, Sir Elton John, Naomi Campbell, 50 Cent, Madonna and Sharon & Ozzy Osbourne are listed as clients on his official website.
 
I didn't know Titanium jewelry was so affordable.

Kiss the rang batch!
 
brokedown said:
some dumb a** had the nerve to say the that the dude from dem franchise boys must have not been getting paid since he still selling dope. i told his dumb a** the big heavy weight dope boys filthy rich and dont have to sell shyt, but they do. its called greed. your congress man or an elected official could possibly have ties with bmf too, dont be surprised when you hear it. the united states was founded off dirty money, running the indians away, trading slaves, its all dirty, and whose all ways at the bottom of the chain? the black people, thats why they trying so hard to destroy bmf, suge knight, irv gotti, j. prince, and any other nigga................... and phuk oprah winfrey, fat sellout bych

"F@ck Oprah!" Uhhh, you were right till yah got to this part. Dont you see there usin this hip-hop fiasco to get her now? Sh!t was almost squashed till their erand boy mister 50 drummed it all up again. Shot 9 times my ass, yeah prolly in Alfganistan, f@ckin agent!
"then in the furure we'll look back/ than we will see we were under attack/ but it'll be too late/ the loss will be too great/ you'll see, just wait!" KRS-1 Real hip-hop prophets.
 
xtrordinare said:
This is not the first time the infamous jeweler has been to court. In February, Arobo sued Damon Thomas, one-half of the hip-hop production duo The Underdogs, for failing to make payments on jewelry costing around $2 million.

what. the. ****.
 
kaliyl said:
"F@ck Oprah!" Uhhh, you were right till yah got to this part. Dont you see there usin this hip-hop fiasco to get her now? Sh!t was almost squashed till their erand boy mister 50 drummed it all up again. Shot 9 times my ass, yeah prolly in Alfganistan, f@ckin agent!
"then in the furure we'll look back/ than we will see we were under attack/ but it'll be too late/ the loss will be too great/ you'll see, just wait!" KRS-1 Real hip-hop prophets.
i know this off the subject, but it wont be right until oprah put cube on her show and make an apology. we gotta look out for our own people
 
francy said:
we gotta look out for our own people


yo' u get all the props 4 that statement. see, that's what's so ****ed up about black people now, it seems we try so hard degrade our own people it's sickening.. (i know this is way-off topic, my bad)
 
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